Mount Vernon Nazarene University

www.mvnu.edu

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2022 Undergraduate Tuition

$23,953

2% growth from 2021

2022 Average Net Price

$23,391

After Financial Aid

2019 Default Rate

0.34%

on Student Loans

2022 Acceptance Rate

85.3%

1,070 Applicants

2022 Enrolled Students

1,941

77% Full-Time

2022 Graduation Rate

68%

244 Graduates

About

Mount Vernon Nazarene University is a higher education institution located in Knox County, OH. In 2022, the most popular Masters Degree concentrations at Mount Vernon Nazarene University were General Business Administration & Management (51 degrees awarded), Other Teacher Education & Professional Development (24 degrees), and General Special Education & Teaching (23 degrees).

In 2022, 514 degrees were awarded across all undergraduate and graduate programs at Mount Vernon Nazarene University. 65.6% of these degrees were awarded to women, and 34.4% awarded men. The most common race/ethnicity group of degree recipients was white (440 degrees), 16.9 times more than then the next closest race/ethnicity group, black or african american (26 degrees).

The median undergraduate tuition at Mount Vernon Nazarene University is $23,953, which is $−43 less than the national average for Masters Colleges and Universities ($23,996).

In 2019 the default rate for borrower's at Mount Vernon Nazarene University was 0.34%, corresponding to 2 out of the 589 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Mount Vernon Nazarene University is $23,953, which is $43 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $23,391.

In 2022, 79% of undergraduate students attending Mount Vernon Nazarene University received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Tuition Costs

$23,953

2022 Undergraduate Tuition

In 2022, the cost of tuition at Mount Vernon Nazarene University was $23,953. The cost of tuition at Mount Vernon Nazarene University is $−43 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

This chart compares the tuition costs of Mount Vernon Nazarene University (in red) with those of other similar universities.

Average Net Price

$23,391

2022 Value

0.209%

1 Year Growth

In 2022 Mount Vernon Nazarene University had an average net price — the price paid after factoring in grants and loans — of $23,391. Between 2021 and 2022, the average net price of Mount Vernon Nazarene University grew by 0.209%.

This chart compares the average net price of Mount Vernon Nazarene University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$6,873

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Mount Vernon Nazarene University was of $6,873 in 2022. The cost of room and board increased by 2.66% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies increased by 7.14% during the same period.

This chart compares the average student costs at Mount Vernon Nazarene University (in red) with that of similar universities.

Financial Aid by Income Level

79%

Undergraduates Receiving Financial Aid through Grants

58%

Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Mount Vernon Nazarene University received financial aid through grants or loans in 2022. This represents a growth of 11.3% with respect to 2021, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at Mount Vernon Nazarene University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.34%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Mount Vernon Nazarene University was 0.34%, which represents 2 out of the 589 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Mount Vernon Nazarene University received 1,070 undergraduate applications in 2022, which represents a 9.48% annual growth. Out of those 1,070 applicants, 913 students were accepted for enrollment, representing a 85.3% acceptance rate.

There were 1,941 students enrolled at Mount Vernon Nazarene University in 2022. 14% of first-time enrollees submitted SAT scores with their applications.

Mount Vernon Nazarene University has an overall enrollment yield of 32.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.3%

Acceptance Rate in 2022

913

Accepted Out of 1,070

In 2022, the undergraduate acceptance rate of Mount Vernon Nazarene University was 85.3% (913 admissions from 1,070 applications). This is lower than the acceptance rate of 2021, which was 87.2%. Between 2021 and 2022, the number of applicants declined by 9.48%, while admissions declined by 11.4%.

This chart compares the acceptance rate of Mount Vernon Nazarene University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

14%

Submission Percentage (2022)

Scores Submitted (2022)

14% of enrolled first-time students at Mount Vernon Nazarene University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Mount Vernon Nazarene University had a total enrollment of 1,941 students in 2022. The full-time enrollment at Mount Vernon Nazarene University is 1,494 students and the part-time enrollment is 447. This means that 77% of students enrolled at Mount Vernon Nazarene University are enrolled full-time.

The enrolled student population at Mount Vernon Nazarene University, both undergraduate and graduate, is 87% White, 3.45% Two or More Races, 2.99% Black or African American, 2.73% Hispanic or Latino, 0.927% Asian, 0.309% American Indian or Alaska Native, and 0.206% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mount Vernon Nazarene University in full-time Undergraduate programs are most commonly White Female (54.1%), followed by White Male (34.4%) and Two or More Races Male (1.84%). Students enrolled in full-time Graduate programs are most commonly White Female (48.2%), followed by White Male (30.6%) and Black or African American Female (5.7%).

Full-Time vs Part-Time Enrollment

77%

Full-Time Enrollment

The total enrollment at Mount Vernon Nazarene University in 2022, both undergraduate and graduate, is 1,941 students. The full-time enrollment at Mount Vernon Nazarene University is 1,494 and the part-time enrollment is 447. This means that 77% of students enrolled at Mount Vernon Nazarene University are enrolled full-time compared with N/A% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Mount Vernon Nazarene University (in red) compares to similar universities.

Retention Rate over Time

70%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Mount Vernon Nazarene University was 70%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Mount Vernon Nazarene University had a retention rate lower than its peers.

This chart shows the retention rate over time at Mount Vernon Nazarene University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,688 enrolled students
Two or More Races
67 enrolled students
Black or African American
58 enrolled students

The enrolled student population at Mount Vernon Nazarene University is 87% White, 3.45% Two or More Races, 2.99% Black or African American, 2.73% Hispanic or Latino, 0.927% Asian, 0.309% American Indian or Alaska Native, and 0.206% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 51.2% White, 17.3% Hispanic or Latino, and 13% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 38 students (1.96%) did not report their race.

Graduates

In 2022, 160 more women than men received degrees from Mount Vernon Nazarene University. The most common race/ethnicity group of degree recipients at Mount Vernon Nazarene University is white (440 degrees awarded). There were 16.9 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

The most common Masters Degree concentration at Mount Vernon Nazarene University is General Business Administration & Management (51 degrees awarded), followed by Other Teacher Education & Professional Development (24 degrees) and General Special Education & Teaching (23 degrees).

In 2022, the most specialized majors across all degree types at Mount Vernon Nazarene University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (14 degrees awarded), Theology (18 degrees), and Public Administration and Social Service (38 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Elementary & middle school teachers (1,696,759 people), Accountants & auditors (1,047,024 people), Other managers (759,973 people), Financial managers (505,644 people), and Secondary school teachers (505,318 people).

The most specialized majors at Mount Vernon Nazarene University in 2022 are Philosophy and Religious Studies (14 degrees awarded), Theology (18 degrees), Public Administration and Social Service (38 degrees), Education (101 degrees), and Business (142 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, and Dentists

The most specialized majors at Mount Vernon Nazarene University are Philosophy and Religious Studies (14 degrees awarded), Theology (18 degrees), Public Administration and Social Service (38 degrees), Education (101 degrees), and Business (142 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Elementary & secondary schools (3,137,151 people), Colleges, universities & professional schools, including junior colleges (559,865 people), Computer Systems Design (533,680 people), Banking & related activities (501,259 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (447,260 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mount Vernon Nazarene University.

Most Common (2022)

General Business Administration & Management
48 degrees awarded
Registered Nursing
39 degrees awarded
Social Work
31 degrees awarded

In 2022, the most common bachelors degree concentration at Mount Vernon Nazarene University was General Business Administration & Management with 48 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Mount Vernon Nazarene University according to their major.

Sex Breakdown for Common Majors

177

Degrees Awarded to Men

in 2022

337

Degrees Awarded to Women

in 2022

In 2022, 177 degrees were awarded to men at Mount Vernon Nazarene University, which is 0.525 times less than the number of degrees awarded to females (337).

This chart displays the sex disparity between the top 5 majors at Mount Vernon Nazarene University by degrees awarded.

Most Common Male Majors

In 2022, 42 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 0.712 times less than the 59 female recipients with that same degree.

Most Common Female Majors

In 2022, 59 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 1.4 times more than the 42 male recipients with that same degree.

Time to Complete

55%

100% Completion Time

62%

150% Completion Time

In 2022, 55% of students graduating from Mount Vernon Nazarene University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 65% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Mount Vernon Nazarene University is Male and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.1% of graduates (10 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
440 degrees awarded
Black or African American
26 degrees awarded
Hispanic or Latino
12 degrees awarded

The most common race/ethnicity at Mount Vernon Nazarene University is white (440 degrees awarded). There were 16.9 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

1.95% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
292 degrees awarded
White Male
148 degrees awarded
Black or African American Female
15 degrees awarded

The most common race/ethnicity and sex grouping at Mount Vernon Nazarene University is white female (292 degrees awarded). There were 1.97 times more white female recipients than the next closest race/ethnicity group, white male (148 degrees).

Operations

Mount Vernon Nazarene University has an endowment valued at nearly $24.8M, as of the end of the 2022 fiscal year. The return on its endowment was of −3.28M (−13.2%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Mount Vernon Nazarene University had a total salary expenditure of 40.1M. Mount Vernon Nazarene University employs 24 Assistant professors, 23 Professors and 14 Associate professors. Most academics at Mount Vernon Nazarene University are Male Professor (16), Male Assistant professor (12), and Female Assistant professor (12).

The most common positions for non-instructional staff at Mount Vernon Nazarene University are: Management, with 63 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 44 employees, and Office and Administrative Support with 35 employees.

Endowment

$24.8M

2022 Endowment

13.9%

decline from 2021

This line chart shows how the endowment at Mount Vernon Nazarene University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$14.4M

2022 Salaries

5.32%

growth from 2021

In 2022, Mount Vernon Nazarene University paid a median of $14.4M in salaries, which represents 35.9% of their overall expenditure ($40.1M) and a 5.32% growth from the previous year. This is compared to a 1.66% decline between 2020 and 2021, and a 3.77% decline between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$3.76M

Instructional Salaries

Number of Employees

In 2022, Mount Vernon Nazarene University paid a total of $3.76M to 63 employees working as instructors, which represents 26.1% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

24 Employees

Management

Most Common Non-Instructional Employee

63 Employees

In 2022, the most common positions for instructional staff at Mount Vernon Nazarene University were Assistant professor with 24 employees, Professor with 23 employees, and Associate professor with 14 employees.

In 2022, the most common positions for non-instructional staff at Mount Vernon Nazarene University were Management with 63 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 44 employees, and Office and Administrative Support with 35 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Assistant professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Mount Vernon Nazarene University was Male Professor with 16 employees, Male Assistant professor with 12 employees, and Female Assistant professor with 12 employees.

This chart shows the sex split between each academic rank present at Mount Vernon Nazarene University.

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